The Crestmark Property Development By Ellington
Last Updated on: 16th November 2024, 01:02 pm
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Discover the epitome of luxury living at The Crestmark, an extraordinary luxury residential project crafted by Ellington Properties. Situated in the vibrant heart of Business Bay, Dubai, this stunning development is redefining high-end real estate with its exquisite architecture and modern living spaces. Scheduled for completion in Q1 20261, The Crestmark presents a selection of upscale residential units, including studios, 1, 2, and 3-bedroom apartments, plus lavish penthouses. Unit prices start at AED 1,426,828, catering to discerning buyers looking for elegance and sophistication in their urban lifestyle2. With its prime location near iconic attractions like the Dubai Mall and Burj Khalifa, this development embodies a luxurious lifestyle that enhances everyday living.
Explore how The Crestmark offers an unparalleled living experience, complete with world-class amenities and a promise of high-value returns in the thriving Dubai real estate market.
Key Takeaways
- The Crestmark represents high-end living in Business Bay, Dubai.
- Development features a range of residential units from studios to 3-bedroom apartments.
- Luxury apartments with premium finishes aimed at affluent buyers.
- Strategically located near key Dubai attractions ensuring great accessibility.
- Completion scheduled for Q1 2026, creating an enticing investment opportunity.
- Structured payment plan making it easier for buyers to invest in their luxury home.
Overview of The Crestmark Development
The Crestmark Property Development By Ellington presents a unique opportunity for discerning buyers seeking luxury apartments in Dubai, particularly in the vibrant locale of Business Bay. This 22-storey residential building, currently under development, boasts a premium waterfront location along the Dubai Water Canal, promising residents captivating views and easy accessibility to the bustling city.
Location and Accessibility
Strategically positioned in Business Bay, The Crestmark is close to major landmarks such as the Burj Khalifa and Downtown Dubai. Residents can enjoy a wide array of dining, shopping, and entertainment options. The development not only emphasizes modern living but also offers a tranquil environment with scenic surroundings complimented by the picturesque canal views. Furthermore, the location provides excellent connectivity to various public transport systems, enhancing the appeal of these modern living spaces.
Luxury Living Redefined
At The Crestmark, luxury is defined by its thoughtfully designed interiors, high-end finishes, and spacious layouts that cater to diverse lifestyles. The project offers approximately 189 units, including studios, one-, two-, and three-bedroom apartments, with sizes ranging from 506 to 5,447 square feet, all tailored for optimal comfort3. Anticipated completion is set for Q1 2026, offering various amenities including a fitness center and an infinity pool, emphasizing the balance of relaxation and vitality in urban living. The starting price for units begins at AED 1,385,828, appealing to those looking for high-value returns on their investments in Dubai’s thriving real estate market4. For more details about this exceptional property, visit the Crestmark Development page.
The Crestmark: Amenities and Features
The Crestmark by Ellington is a remarkable off-plan property Dubai that sets a new standard for luxury living. This development boasts an impressive array of amenities that cater to various aspects of daily life, blending convenience with elegance.
Resort-Style Facilities
One of the standout features is the stunning resort-style pool, which provides residents a perfect spot to unwind and socialize. This oasis includes a dedicated kids’ pool and a play area, all surrounded by lush landscaping that enhances the overall aesthetic. Additionally, the complex incorporates a barbeque area ideal for outdoor gatherings and an arcade room that promises endless entertainment for families.
Health and Wellness
The health club at The Crestmark is designed to promote a healthy lifestyle among its residents. With a fully equipped gym and dedicated yoga studios, fitness enthusiasts will find ample opportunities to maintain their well-being. Steam rooms and a jacuzzi further enhance the health and wellness offerings, providing a serene environment to relax and rejuvenate.
Dining and Entertainment
Luxury dining options abound within The Crestmark, presenting residents with exclusive culinary experiences. The development invites individuals to indulge in various restaurants catering to diverse tastes, guaranteeing an exciting culinary journey. With entertainment venues integrated within the community, residents can savor meals while enjoying vibrant social interactions, making it an ideal setting for family and friends.
| Amenities | Description |
|---|---|
| Resort-Style Pool | Infinity pool with kids’ pool and play area |
| Health Club | Fully equipped gym, yoga studios, steam rooms, jacuzzi |
| Dining Options | Exclusive restaurants offering various cuisines |
| Entertainment | Arcade room, barbeque area |
| Social Spaces | Community lounges for family gatherings |
Investment Potential and Payment Plans
The Crestmark is positioned as an appealing option within the Dubai off-plan properties landscape, attracting both investors and homeowners alike. With its luxurious residential offerings and high-value returns, this development stands out for its remarkable investment potential.
Attractive Payment Structure
The Crestmark features an attractive payment structure that eases the financial commitment for buyers. The payment plan requires a 20% down payment upon booking, followed by 50% during the construction phase, and the remaining 30% is paid at handover, making it accessible for various budgets. The total payment duration spans over seven years, allowing flexibility for investors looking to secure their assets with manageable payments8.
High-Value Returns
Investors can expect impressive returns, with an average ROI for a 1-bedroom apartment estimated between 8 to 10%9. The Crestmark’s prime location in Business Bay, only five minutes from the Dubai Mall and Burj Khalifa, positions it to yield significant upsides both during the occupancy and for potential resale, where a profit of 10–20% can be anticipated after project completion9. Additional nearby landmarks, including City Walk and La Mer Beach, further enhance its appeal, contributing to its reputation for high-value returns10.
| Apartment Type | Starting Price (AED) | Return on Investment (ROI) |
|---|---|---|
| Studio | 1,426,828 | 8-10% |
| 1-BDR | 1,426,828 | 8-10% |
| 2-BDR Type A | 2,831,828 | Potential profit of 10-20% |
| 3-BDR Penthouse Type C | 23,000,000 | Potential profit of 10-20% |
| 4-BDR Type A | 21,000,000 | Potential profit of 10-20% |
| 4-BDR Penthouse Type A | 28,000,000 | Potential profit of 10-20% |
Conclusion
The Crestmark Property Development By Ellington represents a remarkable opportunity for those seeking luxury living in Dubai. This exceptional project emphasizes opulent urban living, with its state-of-the-art design and comprehensive amenities making it a prime candidate for high-end real estate investment. Positioned strategically in Business Bay, it is poised to become an iconic feature of Dubai’s skyline.
Investors and future homeowners alike will find the attractive features of The Crestmark hard to overlook. The development not only encompasses the epitome of style and comfort but also presents a calculated opportunity for financial growth. Its alignment with Dubai’s evolving landscape reinforces its status as a thoughtfully curated offering in the luxury real estate market.
In summary, whether you are captivated by the luxurious amenities or the strategic location, The Crestmark stands out as the choice for anyone aspiring to elevate their living experience. As Dubai continues to thrive as a leading global city, this development underscores the essence of high-end real estate investment, making it a compelling option for discerning buyers and investors11.
FAQ
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Source Links
- https://mullerandco.com/project/the-crestmark/
- https://offplaninvestingdubai.com/projects/the-crestmark-by-ellington/
- https://www.propertynetworkuae.com/dubai-projects/the-crestmark-at-business-bay-by-ellington/
- https://www.binayah.com/dubai-projects/the-crestmark-by-ellington/
- https://www.bayut.com/buildings/the-crestmark/
- https://thecrestmarkdubai.com/
- https://offplanpropertiesdubai.ae/projects/the-crestmark/
- https://keltandcorealty.com/property/the-crestmark-apartments/
- https://uae-offplan.com/property/the-crestmark
- https://www.elitemerit.ae/en/offplan/10/the-crestmark
- https://www.justice.gov/osg/brief/crestmark-bank-v-united-states-opposition